Fund Accountant: GAAP & NAV Reporting

Us Bank; Milwaukee (WI); On-site; USD 60,000 - 71,000; Full time

Benefits offered by this job

Healthcare (medical, dental, vision)

401(k) retirement plan

Paid vacation

Holiday opportunities

Parental leave

Adoption assistance

Disability insurance

Job summary

U.S. Bank is seeking an Associate Fund Accountant within Alternative Investments to support hedge funds, private equity funds and other products. You will calculate net asset values, record trades, and prepare investor statements while ensuring GAAP compliance and accurate financial reporting.

This role emphasizes accuracy, teamwork, and communicating with investment advisors and clients. This position typically requires onsite work with a strong benefits package and opportunities for

Qualifications

• Associate's degree in Accounting, Finance or a business-related field, or equivalent work experience.
• Bachelor's degree preferred.
• Thorough knowledge of GAAP.
• Ability to identify and resolve complex problems with minimal guidance.
• Ability to manage multiple tasks and deadlines.

Responsibilities

• Calculate net asset value (NAV) and disseminate financial and performance information to investment advisor and investors.
• Record trade information, income/expense activity and apply security valuations.
• Enter and reconcile investor contributions and withdrawals in the partnership accounting system.
• Allocate fund level profits to investors and prepare investor statements.
• Prepare fund financial statements, audit and tax schedules.

Skills

GAAP knowledge

Multitasking

Communication skills

MS Office

Problem solving

Time management

Education

Associate's degree in Accounting/Finance or related field

Bachelor's degree preferred

Tools

Microsoft Office

Job description

U.S. Bank is seeking an Associate Fund Accountant within Alternative Investments to support hedge funds, private equity funds and other products. You will calculate net asset values, record trades, and prepare investor statements while ensuring GAAP compliance and accurate financial reporting.

This role emphasizes accuracy, teamwork, and communicating with investment advisors and clients. This position typically requires onsite work with a strong benefits package and opportunities for